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Share Name | Share Symbol | Market | Type |
---|---|---|---|
1Life Healthcare Inc | NASDAQ:ONEM | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 16.47 | 22.00 | 16.54 | 0 | 00:00:00 |
By Colin Kellaher
Shares of 1Life Healthcare Inc. surged more than 65% in early trading Thursday after the provider of healthcare membership services agreed to be acquired by e-commerce giant Amazon.com Inc. in a deal valued at about $3.9 billion.
Amazon said it would pay $18 a share in cash for 1Life, which operates a primary-care practice under the name One Medical, a nearly 78% premium to Wednesday's closing price of $10.18 for the San Francisco company.
The move marks the latest push into the healthcare space for Amazon, which in 2018 bought online pharmacy PillPack Inc. and used it as a springboard to launch its own online pharmacy in 2020.
In early trading Thursday, 1Life shares were changing hands at $16.92, up 66%.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
July 21, 2022 09:51 ET (13:51 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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